L Ganesh has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
RANEHOLDIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
L Ganesh, on behalf of the Promoter and Promoter Group of Rane Holdings Limited, has filed an annual declaration under SEBI Takeover Regulations confirming that no encumbrance (pledge, lien, or charge) was created, directly or indirectly, on the promoter group's shares during the year ended March 31, 2025. The promoter and promoter group collectively hold 66,46,534 equity shares, representing 46.55% of Rane Holdings' total share capital. The declaration is a routine annual compliance requirement under Regulation 31(4) of the SEBI SAST Regulations, 2011.
This is a routine negative declaration with no material impact – it simply confirms that the promoter group's 46.55% stake remains free of any encumbrance, which is mildly reassuring for shareholders as there is no pledge-related risk. The promoter holding at 46.55% is below the 50% threshold, meaning the company does not have a controlling promoter in terms of majority ownership.